Operational Risk
Operational Risk Assessment Workbook
End-to-end operational risk assessment with RCSA scoring, heatmap, and board-ready outputs.
Problem
Operational risk assessments end up scattered across PowerPoint, GRC fields, and analyst memory. Teams need one structured workbook that captures inherent risk, controls, residual risk, and action plans in a defensible format.
Built for
- · Operational risk managers
- · Internal audit
- · Risk committees
- · Second-line oversight
Checklist
Features
- Inherent and residual risk scoring with weighted likelihood × impact
- Risk taxonomy aligned to Basel operational risk categories
- Heatmap and Pareto views auto-generated from the register
- Action plan tracker with owner, due date and status
- Board-ready executive summary tab
Checklist
What's Included
- Excel workbook (12 tabs, fully linked)
- RCSA methodology guide (PDF)
- Editable scoring matrix
- Sample populated register
Checklist
Use Cases
- Annual enterprise-wide operational risk assessment
- Business line RCSA refresh
- Pre-audit risk attestation
Frequently Asked Questions
FAQ
- Is it aligned to a specific framework?
- It mirrors Basel operational risk taxonomy and COSO ERM, and is easily adapted to ISO 31000.
- How many risks can it handle?
- Designed for up to 500 risk lines without rebuilding formulas.